Capes Shipping expands in Gulf, Pacific Northwest

Monday, December 10, 2012

Capes Shipping Agencies, a Norfolk, Va.-based ships agency and bulk coal freight forwarder, has expanded its operations in New Orleans, Houston and Portland, Ore., through a joint venture with Southport Agencies, a ships agency based in New Orleans.
The joint venture, called Capes Southport Agencies, will focus on servicing coal, petroleum coke, and dry bulk energy exports from the Gulf and Pacific Northwest.
“Over the course of the past year, we have been evaluating several options for Capes to respond to our clients' growing requirements in the Gulf and increasing coal exports from that region. Through a joint venture with Southport Agencies, we were able to establish an immediate presence with a strong and knowledgeable local management team,” said Capes’ president Mike Coleman, in a statement.